Archives for February 2018

GABB Spring Conference May 15: Taxes and Transitions

Learn about taxes and transitions at the Georgia Association of Business Broker's Spring Conference on May 15. Presenter Monty Walker will do two three-hour seminars. The morning session will cover a Tax Update for Business Brokers and the afternoon session will be Case Studies of Transactions. The GABB has secured continuing education … [Read more...]

GSU Forecasts Decisive Year Ahead For Federal Reserve

ATLANTA–Look for new Federal Reserve Chair Jay Powell, who succeeded Janet Yellen at the end of January, to set forth multiple Federal Reserve rate hikes this year, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Three is a safe bet based on my projections for … [Read more...]

Georgia’s Job Growth Slows, Employment Strong

ATLANTA–Georgia’s employment grew by 85,500 jobs in calendar year 2017 (January to December), a sharp moderation from the gain of 120,600 jobs in calendar year 2016. “The question going forward is will this moderation continue or will the positive national and international developments arrest this moderation trend?” said Rajeev Dhawan of the … [Read more...]

Similar Companies Can Have Huge Value Differences

Can two companies in the same industry have very different valuations? In short, the answer is a resounding, yes. Let's take an example of two companies that both have an EBITDA of $6 million but with two very different values. In fact, Business One is valued at five times EBITDA, which prices it at $30 million whereas Business Two is valued at … [Read more...]

SBA Lenders Talk About Change of Ownership

Georgia's SBA loan professionals will lead a panel discussion at the Feb. 27 GABB meeting about SBA lending rules and change of ownership requirements. The Georgia Association of Business Brokers, the state’s only association of professionals who work to facilitate the purchase and sale of businesses and franchises, meets at 10:30 a.m. at the … [Read more...]

There’s No Business Quite Like a Family Business

The simple fact is that family businesses are different. After all, a family business means working with family and all the good and bad that comes with it. While an estimated 80% to 90% of all businesses are family owned, relatively few are properly planning for what happens when it comes time to sell. According to one study, a whopping 72% of … [Read more...]

Around the Web: A Month in Summary

A recent article posted by The National Law Review entitled “Thinking of Selling? Start Early, Build Your Team” explains the importance of putting together a good team of trusted advisors well in advance of selling your business. Your team should include an attorney, accountant, investment banker, and wealth manager. This team will help you with … [Read more...]

Ramatowski To Lead GABB in 2018

ATLANTA— Michael Ramatowski, president of Georgia Business Associates, Inc., will be the 2018 president of GABB,  the state’s only professional association of business brokers. Other 2018 officers are Vice President Loren Schmerler, president and founder of Bottom Line Management, Inc.; Treasurer Richard Burgess, president of Priority Business … [Read more...]